Andrew Kang, co-founder and partner of crypto venture capital firm Mechanism Capital, wrote that the SEC has taken a very laissez-faire approach to meme so far. They don't think DOGE is worth pursuing.
With the rapid growth of meme, it will be difficult for the Securities Exchange Commission to continue to ignore it. It would be political suicide, but Gensler will never know how it will turn out.
The meme coin could become a major political issue of debate across the country, which would set the stage for the emergence of a super parabola.
Mechanism Capital: meme could become a major political issue of debate across the United States
2024-05-29 06:37:44
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